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Gloucestershire Business News

48/50 High Street, Cheltenham

The property is a mid-terrace building over 3 floors and the available unit on the ground floor comprises 2 interlinked retail areas with a store, kitchen point and WC to the rear. The frontage is in 2 parts and is fully glazed with a small display area.

There is a public car park is situated on St James Street.

The property has an EPC Rating of C-65. Certificate Reference No. 0940-1991-0390-0461-1060.

Location details:

The property is situated just outside the pedestrianised area of Cheltenham's High Street, close to its junction with Bath Road.

This is a well-established retail location with a number of notable occupiers within a few minutes' walk including the new John Lewis store, Next a Sainsburys Convenience Store, Argos and Iceland.

The immediate vicinity is popular with evening trades such as public houses, cafes and takeaways.

Accommodation:

Approximate net internal area

Main retail area: 73.55 sq m (792 sq ft)

Secondary retail area: 18.21 sq m (196 sq ft)

Store: 27.26 sq m (293 sq ft)

WC: -

Rates:

The assessment currently appearing on the Valuation Office Agency website is as follows:

Rateable Value: £19,750

Rate in £ 2019/2020: 0.491

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

General retail which falls within Class A1 of the Use Classes Order 1987. It may suit alternative uses subject to the necessary consents being obtained.

Terms:

The property is offered by way of a new lease for a term to be agreed.

VAT:

All rentals etc exclude the liability of VAT, which may be chargeable as an addition and at the appropriate rate prevailing.

Legal Costs:

Each party to bear their own legal costs incurred in the transaction.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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